Job Description

Date Posted: 10/26/2022
Req ID: 28152
Faculty/Division: Capital Projects
Department: Real Estate Department
Campus: St. George (Downtown Toronto)
Position Number: 00053307

Description:

About us:

The remarkable and sustained growth of Toronto has placed an acute focus on the University of Toronto's real estate assets across all three campuses. These assets are limited, requiring thoughtful and strategic utilization to ensure that the University's long term academic vision is preserved and enhanced. Most recently the University has developed its "Four Corners" policy framework that sets forth the ambitious double bottom line goal of activating its real estate assets to address critical need for on-campus housing, office space, innovation space, attractive retail, and other amenities, while also generating a sustainable source of revenue for the University. The Real Estate division is responsible for executing such policy framework, including all commercial leasing efforts for its existing assets and future real estate development projects.

Your opportunity:

The Commercial Leasing Analyst will be integral to realizing the Four Corners strategy. The Commercial Leasing Analyst will be responsible for all commercial leasing activities and report directly to the Director of Real Estate. The incumbent
will negotiate and execute space leases, ground leases, licenses, easements and other legal contracts, as necessary, for office, retail and/or industrial/warehouse assets. The Commercial Leasing Analyst will participate in decision-making regarding design, marketing, leasing and property management strategies for future development projects. The Commercial Leasing Analyst will prepare presentations and reports on property-specific and/or portfolio-level leasing metrics, such as forecasting leasing revenues. The Commercial Leasing Analyst will also lead the leasing of academic space in buildings not owned by the University. The Real Estate division is a lean but ambitious team, and therefore the Commercial Leasing Analyst must be able to work independently with minimal supervision and communicate effectively when required.

Your responsibilities will include:

• Developing complex business contracts by applying contract law, including space leases, licenses, easements, ground leases, etc.
• Ensuring contracts and agreements prepared by others are consistent with University policy and standards
• Settling lease agreements and contract terms with prospective tenants and/or brokers
• Responding to and resolving tenant complaints
• Fostering cooperative working relationships with a wide variety of internal and external contacts
• Preparing draft statistical reports and summaries from data collected
• Maintaining a database
• Providing guided tours of facilities

Essential Qualifications:

• Bachelor's Degree plus Professional Designation or acceptable combination of equivalent experience.
• Six to seven years of commercial leasing experience for office and/or retail assets
• Minimum two to three years leasing experience within an institutional environment
• Advanced skills in Microsoft Excel is required for rent roll tracking, net present value analysis, and revenue forecasting
• Advanced skills in Microsoft Powerpoint is required to draft presentations and/or marketing materials
• Strong communication, negotiation and project management skills are required for day-to-day leasing activities

Assets (Nonessential):

• Existing relationships with landlord and/or tenant brokers in the City
• Familiarity with Argus Enterprise a plus for revenue forecasting

To be successful in this role you will be:

• Entrepreneurial
• Organized
• Possess a positive attitude
• Self-confident
• Team player

Closing Date: 11/04/2022, 11:59PM ET
Employee Group: USW
Appointment Type: Budget - Continuing
Schedule: Full-Time
Pay Scale Group & Hiring Zone:
USW Pay Band 15 -- $86,011 with an annual step progression to a maximum of $109,993. Pay scale and job class assignment is subject to determination pursuant to the Job Evaluation/Pay Equity Maintenance Protocol.
Job Category: Facilities/Ancilliary Services

Lived Experience Statement
Candidates who are members of Indigenous, Black, racialized and 2SLGBTQ+ communities, persons with disabilities, and other equity deserving groups are encouraged to apply, and their lived experience shall be taken into consideration as applicable to the posted position.

All qualified candidates are encouraged to apply; however, Canadians and permanent residents will be given priority.

Diversity Statement

The University of Toronto is strongly committed to diversity within its community and especially welcomes applications from racialized persons / persons of colour, women, Indigenous / Aboriginal People of North America, persons with disabilities, LGBTQ2S+ persons, and others who may contribute to the further diversification of ideas.

As part of your application, you will be asked to complete a brief Diversity Survey. This survey is voluntary. Any information directly related to you is confidential and cannot be accessed by search committees or human resources staff. Results will be aggregated for institutional planning purposes. For more information, please see .

Accessibility Statement

The University strives to be an equitable and inclusive community, and proactively seeks to increase diversity among its community members. Our values regarding equity and diversity are linked with our unwavering commitment to excellence in the pursuit of our academic mission.

The University is committed to the principles of the Accessibility for Ontarians with Disabilities Act (AODA). As such, we strive to make our recruitment, assessment and selection processes as accessible as possible and provide accommodations as required for applicants with disabilities.

If you require any accommodations at any point during the application and hiring process, please contact .